Follow the Money

UPDATED 8:13 AM EST, March 4, 2013

Obama's New Money Network

WASHINGTON (AP) — President Barack Obama learned in his first term that he couldn't change Washington from the inside, saying in the heat of his re-election race: "You can only change it from the outside." Months later, his former White House aides and campaign advisers are embracing Obama's words as a call to action.

He once vowed to reduce the influence of money in politics, but now Obama has created a new network that will increase money's sway
UPDATED 22:27 PM EST, January 22, 2013

Bankrolling the Inaugural Bash

What a difference an election can make. Barack Obama, whose election victory and inauguration four years ago was fueled by the promise of change, transparency and the end of big money politics, ushers in his second inauguration with quite a bit of change. As in money from companies, labor unions and millionaire donors.

Obama may have avoided the spectacle of big money politics at his first inauguration, but this time around he's embracing it.
UPDATED 21:47 PM EST, December 27, 2012

Obama's Big Money Flip-Flops

After Barack Obama takes the oath of office for a second White House term next month, he’ll be surrounded by pomp, circumstance and celebration largely bought and paid for by the very special interests he once vowed to disenfranchise from Washington politics.

Obama’s decision to accept unlimited-sized corporate donations for his second inauguration is a stark departure from his first celebration four years ago, when he banned such contributions and limited individual donors to $50,000 each.

Obama dismays campaign reformers, reverses course and embraces corporate bucks for his inauguration
UPDATED 9:26 AM EDT, October 18, 2012

Romney's Green Lobbying Pasture

Unlike President Barack Obama, Republican Mitt Romney won't reveal his complete list of big fund-raisers known as bundlers but we're finally getting a glimpse into how many of his big money players work as Washington lobbyists.

Washington lobbyists raised at least $9 million for Romney in last three months alone
UPDATED 22:41 PM EDT, September 27, 2012

Super Soros

Liberal billionaire George Soros has injected himself anew into political giving, donating $1 million to a super political action committee trying to re-elect President Barack Obama.

Priorities USA Action confirmed the donation Thursday, coming as the super PAC  founded by two former White House staffers raised $10 million in August to help their former boss.

Soros also gave another $500,000 to two congressional super PACs, The Associated Press reported.

George Soros, the billionaire liberal, moves back into political giving in a big way, donating $1 million to Super PAC backing Obama
UPDATED 21:37 PM EDT, September 26, 2012

Hong Kong Express

WASHINGTON (AP) — Supporters of Republican presidential candidate Mitt Romney plan a campaign fundraiser for him Thursday in Hong Kong, where U.S. business interests intersect with China's growing influence as a world financial superpower.

Republican Mitt Romney looks to gather campaign cash from ex-pats in Hong Kong, the business gateway to China
UPDATED 22:11 PM EDT, September 20, 2012

Obama's stretch warchest

President Barack Obama enters the stretch run of the campaign with a large cash advantage over Republican rival Mitt Romney.

The president's campaign reported to the Federal Election Commission on Thursday he had about $88 million available to spend in the final weeks after spending $83 million of his warchest in August.

Romney started the final strech with $50.4 million.

President Barack Obama starts the fall campaign with an $88 million warchest and a healthy fundraising cushion against Republican Mitt Romney
UPDATED 18:48 PM EDT, September 5, 2012

Romney's Money Juggernaut

WASHINGTON (AP) — Mitt Romney's presidential campaign has raised at least $100 million in August for the third consecutive month, building upon a fundraising prowess that has allowed him to outraise President Barack Obama so far this summer, The Associated Press has learned.

The early numbers, which include money raised by the national Republican Party, will be publicly released next week. They were described by two people familiar with the figures who spoke on condition of anonymity because they were not authorized to share internal campaign matters.

Romney's fund-raising juggernaut pulled in another $100 million in August, putting pressure on Obama this fall
UPDATED 8:47 AM EDT, August 29, 2012

The Convention Schmooze

TAMPA, Fla. (AP) — Away from the televised political speeches and Mitt Romney's nomination at the Republican National Convention, energy, technology, transportation companies and others are hosting lavish parties for Republican leaders, politicians and Romney's top donors.

Big money still speaks big with parties, perks at Republican National Convention in Tampa.

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